To: lurqer who wrote (29439 ) 10/2/2003 8:43:07 PM From: lurqer Read Replies (1) | Respond to of 89467 US Seen Dragging Feet on Iraqi Oil Money Watchdog UNITED NATIONS (Reuters) - Four months after the Security Council ordered an independent board to monitor U.S. spending of Iraq's oil revenues, diplomats on Thursday accused the United States of blocking it from taking up its duties. The diplomats blamed the delay on U.S. disagreements with the designated members of the as-yet nonexistent International Advisory and Monitoring Board over its duties. The board was to be created under a May 22 Security Council resolution. They said the disagreement reflected a U.S. desire to keep Iraqi reconstruction exclusively in American hands, an attitude they said discouraged other governments from picking up a bigger share of the cost of rebuilding the war-battered nation. In Washington, administration officials said they were eager for the board to be set up and begin its work but wanted its role confined essentially to bookkeeping. "By getting more people involved, you are going to have a lot of quibbling over how the money is spent," one U.S. official said, speaking on condition of anonymity. "We are on the ground, we know what the needs are, and we are committed to ensuring the money is spent appropriately and in a transparent fashion," the official said. Another U.S. official said the problem lay not with Washington but with the Coalition Provisional Authority, headed by Iraq's U.S. administrator, Paul Bremer. "The CPA is not the U.S. government," this official said. The May 22 resolution called for Iraqi oil revenues and other reconstruction funds -- including money left over from the U.N. oil-for-food program after it is shut down on Nov. 21 -- to be deposited in a Development Fund for Iraq, to be held by the Iraqi central bank. fromreuters.com Hmmm..."The CPA is not the U.S. government," this official said. Then I say that the U.S. government shouldn't give the CPA a dime. JMO lurqer